For several years, the state of California has faced a housing crisis, where rental and sale prices have climbed while wages have stagnated. In fact, a report from the California Housing Partnership Corporation (CHPC) found that median rent in Los Angeles County has increased 32% since 2000, while wages have decreased by 3% (adjusted for inflation). In 2014, Los Angeles Mayor Eric Garcetti called for 100,000 new housing units by 2021, …

Now that the individual market climate maps have been added to the books, it’s time that we briefly recap some numbers from this past quarter. Below, we compare the totals of Q1-2016 to Q1-2017. Check it out:
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Great work everyone, and happy selling through Q2-2017 and beyond!
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Hot off the press – our newest heat map compares the median sales prices of condos & co-ops from Q1-2016 to Q1-2017. Check out the stats, plus download the hi-res PDF version and share it with your clients.